Spotify Technology SA

NYSE SPOT

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Spotify Technology SA Price to Sales Ratio (P/S) on June 03, 2024

Spotify Technology SA Price to Sales Ratio (P/S) is NA on June 03, 2024, a NA change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • Spotify Technology SA 52-week high Price to Sales Ratio (P/S) is 2.51 on July 19, 2023, which is NA below the current Price to Sales Ratio (P/S).
  • Spotify Technology SA 52-week low Price to Sales Ratio (P/S) is 1.84 on August 17, 2023, which is NA below the current Price to Sales Ratio (P/S).
  • Spotify Technology SA average Price to Sales Ratio (P/S) for the last 52 weeks is 2.16.
NYSE: SPOT

Spotify Technology SA

CEO Mr. Daniel G. Ek
IPO Date April 3, 2018
Location Luxembourg
Headquarters 42-44, avenue de la Gare, Luxembourg City, Luxembourg, 1610
Employees 7,721
Sector Communication Services
Industry Internet content & information
Description

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.

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StockViz Staff

September 16, 2024

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